IIM Udaipur: B-School Info
Indian Institute of Management (IIM), Udaipur or IIMU became the youngest institute in the world to become a part of the FT Master in Management Ranking in year 2019. IIM Udaipur is located in the picturesque city of Udaipur in Rajasthan, India and is spread in over 300 acre of area and became functional in 2011. Institute is accredited by AACSB and offers a 1-year full-time MBA course, two 1-year MBA courses and a doctoral course in the field of management.
In year 2020, IIM Udaipur was ranked 17 for MBA course; in 2020, the institute also joined the league of top global management institute by getting listed in the QS 2020 Masters in Management (MIM) Rankings. Until year 2019, only the 3 IIM’s, i.e. IIM Ahmedabad, IIM Bangalore, and IIM Calcutta were part of this QS MIM Rankings. Moreover, IIM Udaipur’s flagship 2-year MBA course is now a part of the 101+ category among the global 129 programs from 28 countries.
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Being a part of the IIM family, IIMU has consistently made efforts to become a top choice for aspirants looking for a career in the field of Management and Entrepreneurship. For this purpose, institute has launched an incubation centre that offers the much-needed ecosystem to future entrepreneurs. Additionally, each classroom at institute is equipped with high-end sound systems, fixed projectors, and video conferencing facilities with swivel cameras to enable the top-notch learning environment to its participants. The classrooms at IIMU are not just auditory but are fit out with lapel mikes, goose-neck mikes, and cordless mikes at each desk leaving no chance for lack of any infrastructural facility at the institute. IIMU incubation center gives the much-needed ecosystem to promote and assist the budding entrepreneur. Keeping in mind the growing impact of digital transformation, IIMU has set up Centre for Digital excellence.
IIM Udaipur Student Exchange Programme and Foreign Collaborations
IIM Udaipur believes that leaders are best flourish in a multi-cultural environment. Hence, it has taken a multiple course of action to incorporate a global perspective as an integral piece of its program. Over the years, it has formed partnership with leading management institute in France and Germany for its Student Exchange Program (SEP). Candidates get to spend a full semester at the associated management institute.
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List of management institute partnered with IIMU include likes of:
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In addition to the Students Exchange Program (SEP), a number of 2-year MBA students are sent abroad for their corporate internships. Past destination includes London, Abu Dhabi, Dubai, Qatar, and Malaysia. Visiting faculty members from leading management institutes in Europe, UAE, New Zealand, and Australia are also invited to enrich the candidates with global experience & perspective.
Highlights
Mentioned below are some of the major highlights around IIM Udaipur:
Particulars | Statistics |
Establishment in year | In Year 1998 |
College Type | Public/ Autonomous |
Ranking | Ranked 4th among Indian business school in the UT Dallas Ranking Ranked 3rd for MBA by Times in year 2020 Ranked 11th for IIMs by Outlook in year 2020 Ranked 17th for MBA by NIRF in year 2020 |
Campus location | Udaipur, Rajasthan, India |
Campus size | In 300 Acre of Land |
Accredited by | AACSB (Association to Advance Collegiate Schools of Business) |
Number of courses offered | 4 Courses |
Admission criteria | Entrance based |
Accepted entrance exams | Two-year MBA: CAT One-year MBA: GRE, GMAT |
Application mode | Online Process |
Gender intake | Co-education |
Total faculty members | 54 |
Top recruiters | Accenture Strategy, Amul, Aditya Birla Capital, Axis Bank, Berger Paints, Bajaj Auto, Cognizant, Cipla, Cummins, Deloitte, Flipkart, Infosys BPM, ICICI Bank, KPMG, L&T, Titan and Tata Steel |
Average salary (2020) | INR 13.84 Lakh Per Annum |
Highest salary (2020) | INR 40 Lakh Per Annum |
Scholarship criteria | Need-based assistance, Category-based assistance, PhD Fellowships |
Ranking
In the Year 2020, IIM Udaipur was ranked 17 among the top MBA institutes in India by NIRF. Other major IIM Udaipur rankings are mentioned below:
- Ranked 3rd for MBA by Times 2020 ranking
- ranked 4th among Indian business schools based on research published in leading global journals, in the UT Dallas Ranking
- Ranked 11th for IIMs by Outlook 2020 ranking
- Ranked 13th for IIMs by NIRF 2019 ranking
- Ranked 21st for MBA by Business Today 2019 ranking
- Ranked 24th for MBA by BW Business World 2019 ranking
- Ranked 24th for MBA by The Week 2019 ranking
- Ranked 28th for Executive MBA by Business Today 2017 ranking
- The youngest school in the world on the prestigious FT Master in Management Ranking
- Listed in the QS Masters in Management (MIM) Rankings
- IIM Udaipur’s campus has been awarded GRIHA’s 5 Star LD rating
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Another major achievement of IIM Udaipur was the rating it received by UT Dallas, institute got rated 4th among Indian management institutes based on research published in leading global journals. Apart from the above accomplishment, IIM Udaipur also able to become a part of the prestigious Financial Times (FT) Master in Management (MIM) Ranking 2019 in less than 10 years from its establishment. Until 2018, the only the three IIM’s were a part of this ranking namely IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. In Year 2019, IIM Udaipur joined this very elite group at the 76th position.
Admission Process
IIM Udaipur only accepts an online application process for all its courses. For MBA course, aspirants are required to apply through the official website of CAT and select IIM Udaipur in the options. For the remaining courses, aspirants can apply directly through the official website of IIM Udaipur. For all the courses, final selection is completely entrance-based.
Details regarding the admission process for the various courses of IIM Udaipur are as follows:
PG Courses
- Admission to IIM Udaipur 2 year flagship MBA course is based on a valid CAT scorecard. Those short-listed on the basis of CAT cutoff will be invited for Personal Appearance in the CAP (Common Application Process), which is a common process for all IIMs participating. For the final selection, a merit list is prepared on the basis of the following components, such as CAT score, Performance in Personal Interview (PI), Written Ability Test (WAT) score, and profile score of the applicant.
Read More About Admissions at IIM Udaipur
Courses
Institute offers 3 post graduate and a doctoral level course to the aspirants in the field of management, namely MBA, MBA GSCM, MBA DEM and PhD. Details of all these courses are as follows:
- The two year MBA is the flagship course of IIM Udaipur. Spread over 6 terms, it includes a compulsory internship at the end of the 1st In addition to that, almost 60% of the candidates get a chance to study or work abroad for the duration ranging from 2 weeks to 3 months as a part of the one of the following Student Exchange Program, International Corporate Internship, or International Business in Practice (IBP).
- The MBA in Global Supply Chain Management course of IIMU is a one year residential program that is offered through two options:
- 1st Option: Candidates get to spend an entire semester at Purdue University in the United States of America
- 2nd Option: The entire course takes place in India with a focus on supply chain management with two weeks of international component
- The MBA in Digital Enterprise Management is also a one year full time residential course and is ideal for professionals with bachelors’ degree and over 3 years of work experience
- PhD course offered by IIM Udaipur is generally of 5 years’ duration and is available across 4 specializations
The below mentioned table provides the information regarding the minimum eligibility criteria and total fee for all courses at IIM Udaipur:
Course | Eligibility Criteria | Course Fee |
Two year MBA > Finance and Accounting > Economics > Business Policy and Strategy | Qualifying exam: Valid CAT Score Any Under Graduate degree or equivalent with a minimum of 50% aggregate marks or equivalent CGPA from a recognized university
| INR 17.05 Lakhs |
One year MBA > Global Supply Chain Management > Digital Enterprise Management | Qualifying exams: A Valid GMAT/ GRE Score For IIMU + Purdue option: After 12th, 4 years of university education with a bachelor’s degree or equivalent in any discipline For IIMU only option: After 12th, 3 years of university education with a bachelor’s degree or equivalent in any discipline | Module 1: INR 7.3 Lakhs Module 2: INR 6.6 Lakhs or In case of Purdue US $ 29,390 Module 3: INR 3.1 Lakhs |
Read More About Courses Offered at IIM Udaipur
IIM Udaipur Placements
IIM Udaipur has a dedicated corporate relations team that looks after the recruitment process. The final dates of the placement process every year are posted in the ‘Calendar’ released by the IIMU. Students interested in the recruitment process are needed to apply to the organization and submit their resumes through the Student Placements Committee. The participants are short-listed on the basis of resume for personal interview round(s). Job offers, including details of location, roles, salary package and other relevant terms and conditions are conveyed to the participants through the Student Placements Committee.
In addition to the job recruitments, institute also offers compulsory summer internships of 8 weeks’ duration. These internships are offered between the month of April and May.
Some of the highlights around IIMU placements process 2020 are as follows:
- A total number of 226 candidates were placed out of a total batch of 256 candidates
- 2 candidates opted out of the recruitment process to pursue their own ventures. To support the candidates in their entrepreneurial ambitions, each student will be provided with a 2 year of placement holiday (allowing candidates to use campus placement services at a later date, with-in 2 years of graduating) and financial support in the form of a monthly stipend to help cover the basic cost of living
Read More About Placement at IIM Udaipur
Scholarships
IIM Udaipur offers multiple merit-based and category-based scholarships to the candidates of two year MBA course. The details of all the scholarships offered by the institute along with the names of the authorities or organizations offering them are as follows:
Issuing authority/ organization | Scholarship offered |
Ministry of Minority Affairs | Merit-cum means based scholarship scheme belonging to the minority communities |
N. A
| Scheme of Scholarship for Top Class Education for Students with Disabilities |
Ministry of Social Justice and Empowerment | Central Sector Scholarship Scheme of Top Class Education for SC students |
Ministry of Tribal Affairs | National Fellowship and Scholarship for Higher Education of ST students |
Government of Rajasthan Scholarships | Mukhya Mantri Sarvajan Uchcha Shiksha Scheme (for students who belong to Rajasthan) |
Apart from above tabulated scholarships schemes, IIM Udaipur offers financial assistance to the candidates who have an annual household income below INR 4.5 Lakh. Other candidates with severe financial conditions different in nature can also apply. This financial assistance is provided in the form of tuition waivers for the MBA course fee.
Read More About Scholarships at IIM Udaipur
Facilities on Campus
Hostel: The student residences on campus are located within the easy walking distance of the Academic Block. The MBA students are provided with single air-conditioned rooms. There are common washrooms with hot water supply. The facilities provided include washing machines, microwaves, refrigerators, and induction stoves.
Sports Ground
Auditorium
Meeting rooms
Common space
Gym
Mess
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